MegaVault Coming Soon to dYdX Chain
MegaVault Coming Soon to dYdX Chain
🔮 Vault of Secrets
dYdX Chain is set to launch MegaVault, a new feature allowing users to provide liquidity and earn yield. This development follows the platform's recent efforts to simplify trading on the dYdX Chain, which included streamlining deposit processes from various sources. MegaVault aims to enhance the platform's liquidity provision options, potentially offering users new opportunities for passive income. While details are limited, the announcement suggests an upcoming release of more information about this feature. Users interested in liquidity provision and yield earning opportunities on dYdX Chain should stay tuned for further updates.
dYdX Announces Multiple Job Openings with Referral Bonus
dYdX is actively recruiting for several key positions: - **Senior Frontend Engineer** (NYC Hybrid) - **Data Scientist** (NYC based) - **Research Lead** The company offers a *$15,000 referral bonus* for successful hires. Key roles focus on: - Frontend: Building high-performance trading UIs - Data Science: Driving user growth and product decisions - Research: Market structure and protocol design Positions are based in NYC with some hybrid options available. [Apply directly through dYdX's job board](https://job-boards.greenhouse.io/dydx)
dYdX Expands Market Offerings with New Listings and Features
dYdX continues to expand its market offerings through Instant Market Listings. Recent additions include $PROVE (SuccinctLabs), $ILV (Illuvium), and $SC (Sia Foundation), all tradable with up to 5x leverage. The platform's MegaVault feature has surpassed $70M in deposits, providing liquidity across 180+ markets. Key updates: - New markets can be launched instantly without approval delays - Trading volume from affiliates exceeded $2B since Unlimited launch - Platform maintains focus on permissionless trading and decentralization Traders can access these markets through [dydx.trade](https://dydx.trade/markets)
dYdX Discovery Program Returns with Paid Interview Opportunities
dYdX has relaunched its Discovery Program, offering paid interviews for community members to share their perspectives. Key details: - Open to traders, stakers, and partners across all ecosystems - Participants can provide feedback on products and marketing - Selected participants will be compensated for their insights - Program aims to gather diverse viewpoints on the dYdX ecosystem Interested participants can apply through the [official dYdX blog](https://www.dydx.xyz/blog/dydx-discovery-program).
ROI Rumble Trading Competition Concludes with Winners Announced
dYdX's first-ever team trading competition, ROI Rumble, has concluded after an intense trading period. The competition featured: - Teams of 25 traders competing for a $5,500 USDC prize pool - Performance tracked via ROI leaderboard at theroirumble.com - Winners now announced and viewable on dYdX blog The competition ran from July 25 to August 5, following a registration period that closed on July 25 at 11:00 UTC. This event marked a significant milestone as dYdX's inaugural team-based trading competition. View full winners list: [dYdX Blog](https://www.dydx.xyz/blog/dydx-roi-rumble-winners-announced)
dYdX Launches Weekly Challenge 3 with $10k Prize Pool
dYdX has launched its third Weekly Challenge, continuing its series of trading competitions. The previous challenge concluded successfully, featuring a $10k prize pool. Traders can participate by: - Visiting [dYdX Challenges page](dydx.xyz/challenges) - Completing trading objectives - Competing for prize pool shares *Previous challenge participants have already completed their tasks and claimed rewards.*